Liberty Mutual Insurance Group

• Liberty Mutual Adds to Latin American Footprint, Enters Ecuador

  By Staff Writer  |  September 13, 2012

  Liberty Mutual says it has entered the insurance marketplace in Ecuador with the purchases of two auto insurers.

• China Grants Liberty Mutual Approval to Expand

  By Staff Writer  |  August 20, 2012

  Liberty Mutual Insurance Group, through its wholly-owned subsidiary Liberty Insurance Co. Ltd., has been granted approval to establish a branch in Shandong province by the China Insurance Regulatory Commission.

• Liberty Mutual Enters Russian Market

  By Staff Writer  |  April 5, 2012

  Boston-based insurer Liberty Mutual Insurance Group says it has acquired the Russian insurance company KIT Finance Insurance from KIT Finance Holding Co.

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  The Week in Quotes

  By Staff Writers  |  March 30, 2012

  Industry leaders have a lot to say. PC360 brings our readers the top quotes from major industry players for the week of March 26.

• Liberty Mutual Enters Russian Market

  By Staff Writer  |  March 29, 2012

  Liberty Mutual Insurance Group says it has acquired the Russian insurance company KIT Finance Insurance from KIT Finance Holding Co.

• FIO Letters Say Federal Gov’t Can Protect Against Bank-Centric ‘Eurocratic’ Regulation

  By Arthur D. Postal, PropertyCasualty360.com  |  December 22, 2011

  Fears that only the federal government has the power to prevent imposition of “bank-centric” international-financial regulation by Europeans is leading two major insurance players to moderate their comments to the Treasury Department on the role the federal government should play in insurance regulation going forward.

• Moody’s Calls Oct. Snowstorm Major Capital Event for Insurers

  By Mark Ruquet  |  November 28, 2011

  "Let it snow" ... oh no! Dumping more than 2 feet of snow in some northeastern locations, the freak October snowstorm is expected to be a major capital or credit event for the P&C insurance industry.

• Mass.: More than $90M in Insured Losses from Hurricane Irene

  By Chad Hemenway, PropertyCasualty360.com  |  October 3, 2011

  Hurricane Irene has thus far caused more than $90 million in insured losses in Massachusetts.

• Safeco, American States Refund $1M to N.C. Policyholders

  By Chad Hemenway, PropertyCasualty360.com  |  June 29, 2011

  Two Liberty Mutual subsidiaries in North Carolina have issued more than $1 million in refunds to policyholders the companies overcharged, says Insurance Commissioner Wayne Goodwin.

• State Farm Returns to Louisiana Regulators With 8.5% HO Hike

  By Chad Hemenway, PropertyCasualty360.com  |  June 21, 2011

  State Farm has come back to the Louisiana Department of Insurance and has asked for an 8.5 percent average statewide homeowners’ insurance rate increase.

• Flex-Rating Extended in Connecticut

  By Chad Hemenway, PropertyCasualty360.com  |  June 14, 2011

  Connecticut lawmakers have extended the state’s flex-rating law for two years.

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  EQECAT: $1-$3B In Insured Losses From Joplin, Mo. Tornado

  By Chad Hemenway, PropertyCasualty360.com  |  May 24, 2011

  Catastrophe risk modeling firm EQECAT says insured losses for the Joplin, Mo. tornado—the deadliest twister in more than 60 years—could be between $1 billion and $3 billion.

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  Another Tornado Adds To Historic Year; Wipes Out Southwest Mo.

  By Chad Hemenway, PropertyCasualty360.com  |  May 23, 2011

  Insurers are once again responding to a community reduced to debris by a massive tornado, this time in Joplin, Mo.

• Unfavorable Fire Conditions Return To Texas; Hail Hits Abilene

  By Chad Hemenway, PropertyCasualty360.com  |  April 25, 2011

  The end to wet weather conditions in Texas could mean trouble for those fighting wildfires.

• Abuse Appears In 35% Of N.Y. Metro Area Auto Claims, IRC Says

  By Chad Hemenway, PropertyCasualty360.com  |  January 6, 2011

  A study by the Insurance Research Council (IRC) reports a high percentage of fraudulent auto claims in the New York City area.

• Abuse Appears In 35% Of N.Y. Metro Area Auto Claims, IRC Says

  By Chad Hemenway, PropertyCasualty360.com  |  January 5, 2011

  An astounding 22 percent of auto insurance claims in the New York City area appear to be fraudulent, according to a study by the Insurance Research Council (IRC).